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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (24631)1/3/2003 12:06:55 PM
From: jrhana  Read Replies (2) | Respond to of 36161
 
Another clear clue was when my broker told me this am:

<Looks like another quiet day in gold.>

Today is a good example of the principle cited in the Daily reckoning article unearthed by Frank Pembleton:

The the POG leads the PM stocks rather than vice-versa.
To me this is more natural, makes more sense, and is more sustainable. Notice how the stocks were just hanging out the POG began to move and then the stocks began following big time .

I am sitting here with the sell this buy that woozies but really who cares I have lots of stuff going up
again what is important is to be in the right sector.

what no CDU? no WHT? no RDU? Oh well



To: Roebear who wrote (24631)1/3/2003 12:08:53 PM
From: nspolar  Read Replies (2) | Respond to of 36161
 
Roe, they might have one more chance to whack it down here, but I think the outcome is clear now.

The dollar appears to be in a little abc correction and may have a little up left, before it continues its nose dive. JMO.

Isn't it interesting as to how all the action is now in NY. Appears some shorties are nervous.